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Cointelegraph· 2025-11-13 17:01
⚡️ INSIGHT: Crypto says “decentralized,” but much of it still runs on decentralized apps, centralized servers.The fix is a distributed cloud for compute, storage and bandwidth, owned by many, not one. https://t.co/gCtQLQ93re ...
NexQloud Technologies Appoints Robert Barbieri as Chief Executive Officer to Accelerate Next Growth Phase
Globenewswire· 2025-10-31 14:16
Core Insights - NexQloud Technologies has appointed Robert Barbieri as the new CEO, succeeding Mauro Terrinoni, who will now focus on strategic advisory roles [1][2][3] - The leadership change aims to accelerate the company's scaling and growth as it prepares for Seed and Series A funding rounds [2][3] - Barbieri's extensive experience in IPO execution, M&A, and public-company finance is seen as crucial for NexQloud's next growth phase [3][4] Leadership Transition - The Board of Directors initiated the leadership change to better position the company for future growth [2] - Mauro Terrinoni is credited with establishing the foundational technology and market position of NexQloud [1][3] New CEO's Background - Robert Barbieri has a strong background in financial and operational leadership, having previously served as Senior Executive Vice President at Lawson Software and CFO at Inseego [3][4] - His experience includes leading the IPO process at Lawson Software and overseeing a $1.4 billion sale at TriZetto [3] Strategic Focus Areas - Barbieri has outlined three priorities for his tenure: strengthening operational foundations, accelerating enterprise client acquisition, and securing growth capital efficiently [4] - The company aims to leverage its existing strong team to build NexQloud into a category leader in the distributed cloud space [4] Company Overview - NexQloud Technologies is developing a distributed cloud platform that allocates computing workloads across a decentralized network, utilizing blockchain-based governance for security and compliance [6] - The platform is anchored by its Decentralized Kubernetes Service (DKS) [6] Strategic Advantages of Leadership Change - Proven record in leading IPO and M&A transactions will support upcoming fundraising and investor transparency [8] - Experience in regulated technology sectors ensures alignment with enterprise compliance and security requirements [8] - Demonstrated ability to build high-performance organizations will aid in scaling NexQloud's infrastructure [8]
Oracle Cloud Infrastructure Enables More Customers to Rapidly Deploy AI and Cloud Services
Prnewswire· 2025-10-14 12:06
Core Insights - Oracle has launched the OCI Dedicated Region, allowing organizations to deploy Oracle Cloud Infrastructure directly in their data centers with a reduced physical footprint, starting with as few as three racks [1][2] Group 1: Product Features - OCI Dedicated Region provides advanced network-first, modular scalability, enabling customers to expand seamlessly to hyperscale without downtime or re-architecting [4] - The infrastructure is hyperconverged and homogeneous, allowing for less data center space and power usage, resulting in greater reliability and faster recovery times [4] - Integrated multi-layered security ensures compliance with high standards for security and privacy, featuring biometric-locked racks and a secured software-defined network [4] - Customers can achieve full public cloud parity, including access to over 200 AI and cloud services, while meeting sovereignty and data locality needs [4] Group 2: Market Demand and Trends - Organizations increasingly seek the flexibility to run AI and cloud services where they deliver the most value, driven by sovereign AI considerations and stricter data location requirements [2] - The evolution of OCI Dedicated Region since its introduction in 2020 reflects a shift from large, hyperscale deployments to more flexible options, with over 60 regions live or planned globally [3] Group 3: Strategic Partnerships - Fujitsu Limited emphasizes the importance of OCI Dedicated Region in their cloud strategy, highlighting the ability to deploy applications quickly and expand without downtime [3]
Oracle Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Strategic Cloud Platform Services
Prnewswire· 2025-08-08 15:29
Core Insights - Oracle has been recognized as a Leader in the Gartner Magic Quadrant for Strategic Cloud Platform Services for three consecutive years, highlighting its strong position in the cloud services market [1][2]. Group 1: Cloud Services and Infrastructure - Oracle Cloud Infrastructure (OCI) is the only hyperscaler capable of delivering over 200 AI and cloud services across various deployment models, including edge, customer data centers, and public clouds [1][3]. - OCI's distributed cloud capabilities allow organizations to meet data residency and sovereignty requirements while providing consistent global pricing and a comprehensive suite of AI and cloud services [2][3]. - The architecture of OCI supports zettascale AI workloads, enabling customers to run demanding applications such as frontier model training and scientific computing [2][5]. Group 2: Multicloud Strategy - Oracle facilitates seamless migration of mission-critical Oracle database workloads to major cloud platforms like AWS, Azure, and Google Cloud, allowing for simplified database administration and deployment [4]. - The multicloud services offered by Oracle enable customers to optimize costs and performance while addressing regulatory and data sovereignty needs [4]. Group 3: AI Capabilities - OCI Superclusters, supporting up to 131,072 GPUs, provide the necessary compute performance for demanding AI training and inference workloads [5]. - Oracle expands its AI capabilities by providing access to leading foundation models and tools for developers, allowing for fine-tuning and deployment of models at lower costs [6][7].
Xunlei Limited Schedules 2025 Unaudited Second Quarter Earnings Release on August 14, 2025
Globenewswire· 2025-08-07 12:00
Core Viewpoint - Xunlei Limited plans to release its unaudited financial results for the second quarter of 2025 on August 14, 2025, before market open [1] Financial Results Announcement - The earnings press release will be available on the Company's investor relations page [1] - A conference call will be hosted by Xunlei's management at 8:00 a.m. U.S. Eastern Time on August 14, 2025, to discuss quarterly results and recent business developments [2] Conference Call Details - Participants must register online to join the conference call and should dial in 10 minutes before the scheduled start [3] - A live audio webcast of the conference call will be available on the investor relations page [4] - An archive of the call will be accessible after the conference [4] Company Overview - Xunlei Limited, founded in 2003, is a leading technology company in China providing distributed cloud services [4] - The company offers a variety of products and services, including cloud acceleration, shared cloud computing, and digital entertainment [4]
Oracle Expands Distributed Cloud Capabilities with NVIDIA AI Enterprise
Prnewswire· 2025-03-18 20:00
Core Insights - Oracle has announced the availability of NVIDIA AI Enterprise on Oracle Cloud Infrastructure (OCI), enabling customers to accelerate sovereign AI and deploy AI solutions across OCI's distributed cloud [1][2][3] - The integration allows for quick access to over 160 AI tools, including NVIDIA NIM microservices, facilitating the development and deployment of generative AI models [2][3] - OCI AI Blueprints provide no-code deployment recipes, significantly reducing GPU onboarding time from weeks to minutes, thus streamlining AI workload management [4][5] Company Developments - Nomura Research Institute (NRI) utilizes Oracle Alloy to enhance cloud migration for its clients in Japan, leveraging NVIDIA AI Enterprise for enterprise AI use cases [6][7] - e& UAE has deployed NVIDIA Hopper GPU clusters within its OCI Dedicated Region, enabling the development of new generative AI services while ensuring data sovereignty [8][9] - Zoom Communications is optimizing its AI Companion to operate efficiently with NVIDIA-accelerated GPU shapes in Saudi Arabia, ensuring compliance with local regulations [9][10] Industry Trends - The collaboration between Oracle, NVIDIA, and various organizations highlights a growing trend towards adopting AI solutions that meet digital sovereignty requirements [5][9] - The demand for accelerated computing and AI capabilities is increasing as organizations seek to enhance their operational efficiencies and innovate within regulated environments [5][9]